What Does the New Year Hold for Supply Chains?
- December 22nd, 2014
- By: Scott Robinson
What trends are in store for B2B-integrated businesses in 2015? Mickey North Rizza of Supply Chain Digital recently offered several:
Improvement in organizational alignment will be increasingly necessary to maintain and enhance the level of performance in procurement; bolstering relationships across the enterprise will be key.
The proliferation of multi-channel retailing and supply chain consolidation will call for strategies that improve inventory network efficiency and customer service.
Increased Internet integration will require strong relationships with sourcing partners, and the real-time tracking and management of supplier performance will be necessary to contain risk.
Emerging markets around the world will spur growth, notably Asia Pacific and Latin America, and risk identification within these new markets will be key to success.
Finally, procurement officers will be fostering closer relationships with suppliers, treating them like true partners: leveraging their problem-solving knowledge will become a strategic edge, prompting their inclusion in the planning process.